Company Profile: Paynuity

Overview

Paynuity is a financial technology company, headquartered at 111 N Orange Ave, Suite 1900, Orlando, FL 32801, specializing in comprehensive payment processing solutions. It positions itself prominently in the financial services industry by offering seamless, end-to-end transaction experiences for both merchants and banks. Despite operating with a lean workforce of 31 employees, the company is a dynamic presence in the market with an eye on global expansion.

Services and Solutions

Paynuity provides a platform that integrates multiple solutions such as card issuing, automated payment processing, fraud protection, and data analytics. The company processes transactions across 58 payment networks and supports 135 currencies with a transaction volume exceeding USD 1.7 trillion. Key attributes of its service offerings include:

• Proprietary Technology: Utilizes AI and machine learning to provide real-time data intelligence as a service.

• Modular and Scalable Systems: Cloud-based services that adapt to business needs.

• Omni-channel Capabilities: Enhances business operations and sales conversion rates through versatile transaction support.

Leadership and Key Personnel

Paynuity's leadership team consists of seasoned professionals from the fintech and payment processing industry:

• Ron Moses (CEO and CIO): Co-founder with extensive background in technology and banking, based in Orlando, Florida.

• Kristen Scott (Chief People Officer/Chief of Staff): Operates from Coppell, Texas.

• Luis Raventos (VP of Issuance & Acquiring): Handles LATAM and North American Bank Partnerships.

• Jimmy Lai (VP of Risk, Underwriting, and Compliance): Based in Tustin, California.

• Bart Kohler (Chief Revenue Officer)

• Bobby Rexroad (VP Sales - Hospitality and Entertainment)

• Zach Dillman (Director Sales Enablement)

• Brook Martin (Executive Operations Manager and Special Envoy to the CEO)

Business Philosophy

Paynuity is committed to exceptional service and technology, empowering businesses and financial institutions. The company stresses a leadership culture centered around behavior rather than title, facilitating customer-centric solutions. It notably offers support for online and in-person fundraising, benefitting not-for-profits with enhanced capabilities.

Financial Performance

• Estimated Annual Revenue: $5.2 million

• Revenue Per Employee: Approximately $168,000

• Employee Growth: Experienced a 38% reduction in the workforce over the past year

Competitors

Paynuity faces substantial competition from several firms within the payment processing industry:

• Direct Competitors:

• NovoPayment

• Visa

• Stripe

• Verifone (previously 2Checkout)

• Others in Financial Services:

• Amuni Financial

• CaptiveOne Advisors™

• Columbus Capital Lending

Notable Competitors' Profiles

• NovoPayment: Offers seamless integration in digital financial services.

• Rivero: Known for advanced, secure payment processing solutions.

• Amuni Financial: Provides financial services with a focus on bonds.

• CaptiveOne Advisors™: Specializes in captive insurance management.

• Columbus Capital Lending: Prominent mortgage lender catering to the Hispanic community.

Insights on Market Position

Paynuity is recognized as a pivotal player in the digital transaction processing sector. The company's focus on cutting-edge technology and direct-to-bank settlements differentiates it from traditional competitors. Despite a reduction in workforce, Paynuity's strategic emphasis on flexibility and digital integration reinforces its strong market presence.

Contact Information

• Phone: +1.321.312.1221

• Email: humans@paynuity.com

Paynuity's innovative approach and dedication to customer-centric financial solutions underpin its status as a trusted partner in the fintech industry.